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These Are The Documents You Need To Access The Bank Of Industry Loan YES SCHEME - Business - Nairaland

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These Are The Documents You Need To Access The Bank Of Industry Loan YES SCHEME by overhypedsteve(m): 9:16am On Jul 05, 2016
for those that are interested in the BANK OF INDUSTRY YOUTH ENTREPRENEURSHIP SCHEME (YES) this are the list of documents that you may need to provide for registration.

The YES-Programme entails building the capacity of the youths by equipping them with the requisite entrepreneurial knowledge and skills as well as funding their business plans, which would enable them to be self-employed and manage their businesses.

participants would be drawn from young aspiring entrepreneurs between the ages of 18 and 35 years, with innovative ideas who must have a minimum educational qualification of an Ordinary National Diploma (OND) or its equivalent.

10,000 online applications would be solicited nationwide, out of which 2,000 would be selected for the online component of the YES-Programme.

Micro Credit

1. Formal Letter of Application

2. Photocopy of Certificate of Registration

3. Constitution and Bye-laws of Cooperative Society (only for Cooperative Societies)

4. Business Plan

5. Four (4) passport photographs of the Promoter (business owner)

6. Photocopy of the Current Tax Clearance Certificate of the Business Enterprise and the Promoter.

7. Photocopy of International Passport or Driver’s License or National Identity Card of the Promoter.

8. Bank Statement of the Business Enterprise for a period of one (1) year (for existing business).

9. Sales record for six (6) months and operating expenses.

10. Evidence of availability of Collateral Security (e.g. landed property, Individual Guarantor, etc.).

SME/Large Enterprise

1. Formal Letter of Application

2. Photocopies of Certificate of Incorporation and Certified True Copy of Memorandum and Articles of Association of the Company.

3. Photocopies of the Certified True Copy of Forms C02 and C07.

4. Business Plan.

5. Photocopy of title documents to project site (Statutory Certificate of Occupancy or Deed of Assignment).

6. Photocopy of Title Documents (Statutory Certificate of Occupancy or Deed of Assignment) to the Collateral Security. (This must be a landed property in an urban center).

7. Approved Building Plan (If new building).

8. Bill of Quantities or Contractor’s Estimate of Cost to be incurred on Factory Building.

9. Valuation Reports on Factory Building(s) (for existing projects) and property offered as Collateral Security.

10. Quotations for items of plant and machinery (at least 3 quotations from different sources).

11. Three (3) years most recent Audited Accounts of the company (for existing company).

12. Three (3) years most recent Tax Clearance Certificate for the Company and two (2) Directors.

13. Four (4) recent passport photographs of each of the two Directors and the Company Secretary.

14. Evidence of appointment of a Company

more info @

Re: These Are The Documents You Need To Access The Bank Of Industry Loan YES SCHEME by msendowed(f): 6:10am On Jul 28, 2016
Business Plans and Feasibility Studies are critical to the growth of any business either for funding or business operations. So it is essential every intending business person has an idea on how to write it. i offer free business plans and feasibility studies training for free.....just holla at effahdaniel@gmail.com or call 08090708636

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